National Mortgage Buyers


Business Note Worksheet

 

Seller's Name:
Date: Month: Day: Year:
How did you hear of us?
Seller's Phone Number:
Fax Number:
Preliminary Question
Down Payment >=30% Sale Price:
 Yes No
Credit Score >=625:
 Yes No
Seasoning >=4 payments made:
 Yes No
Personal Guarantee:
 Yes No
Business Note Information
Type of Business:
Asset Value Breakdown:
 Equipment  
  Inventory  
  Goodwill  

Is Operation a Franchise?
Yes No
If yes, has franchisor committed to cooperate with note buyer in event of foreclosure/resale?
  Yes No
Street Address (if available):
City:
State:
County:
How Long in Business at this location?
Business Location is:
Owned by Payor Leased by Payor

Expires:

 Month: Day: Year:
Give Terms of any Lease Renewal Options:
What Qualifications does the Payor have to operate this Business?
If Payor is a Corporation, is there also a creditworthy individual liable for payments? No Yes If Yes, Name 



Historical Information
Date of Sale:
 Month: 
          
          Day: 
          
          Year: 
          
          
Selling Price:   
 


Down Payment: 
First Lien: 
Second Lien: 



Note Information
Date of Note:
 Month: 
          
          Day: 
          
          Year: 
          
          
Amount:

Terms of Month: 
       A B 
Payment Amount:

Balloon Amount:    

Balloon Date:
 Month: 
          
          Day: 
          
          Year: 
          
          
Interest: 
Due Date First Payment:
 Month: 
          
          Day: 
          
          Year: 
          
          
# of Payments Paid:
# of Payments Left:
Next Payment Due:
 Month: 
          
          Day: 
          
          Year: 
          
          
Balance: 


 

Description of Business/Location & Area

Payor/Payment Information (employment information, payment Record, Payor SS#, etc) 

Pertinent Documents 
Note:   YesNo
Security Instrument:YesNo
Title:YesNo
Sales Contract:YesNo
Payor Credit Report:YesNo
Closing Statement:YesNo
Bill of Sale:YesNo
Insurance:YesNo
Lease:YesNo
Franchise Agreement:YesNo
UCC-1:YesNo
 
 


Jerry Remien, Chief Executive Officer
720 Bonnie Lane, Elk Grove Village, Illinois 60007
TEL 800.949.0888   FAX 847.806.0992

info@mortgagebuyers1.com